Edgardo Ayala : IPS News
Environmental organizations are not dropping the guard in their fight against the operations of transnational mining corporation OceanaGold, which has just lost litigation against ...

... country’s investment law, OceanaGold has been able to sue El Salvador saying that they should be compensated for the profits they should have made at the goldmine. If the country loses the case, they will ...

... for “indirect expropriation” of anticipated profits. Even if Pacific Rim loses the case in ICSID, a court that generally favours corporations, the El Salvadorian public will still end up paying the multi-million ...

... with the World Bank.
El Salvador argues that such a dispute should be settled in Salvadoran courts, not outside of the country.
“If it loses, the case will set a precedent allowing companies outsid ...